News · VnExpress

Malaysia's Petronas proposes long-term LNG supply to Vietnam

At a meeting with Prime Minister Lê Minh Hưng on October 16, Petronas proposed long-term LNG supply contracts and joint development of LNG infrastructure with PVN and domestic companies, and expressed interest in offshore wind, hydrogen, carbon capture and storage, and technology transfer. Petronas also wants to advance the Vietnam–Malaysia–Singapore power grid interconnection project. The Vietnamese government said it supports Petronas expanding investment and signing new petroleum contracts in open blocks on the continental shelf, and that procedures are being cut for energy projects. The two companies have cooperated for more than 30 years, and the PM3-CAA block has produced a cumulative 250 million barrels of oil, 43 billion m3 of gas and over $25 billion in revenue.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Tập đoàn dầu khí Malaysia muốn cung cấp LNG dài hạn cho Việt Nam

Read the original on VnExpress ↗

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